Chapter Lead – ALM Portfolio Management

Job description

As Chapter Lead ALM Portfolio Management, you are responsible for the second-line oversight of ALM risks across ING, covering both Retail and Wholesale Banking portfolios. The role sits within the Banking Risk department, part of Financial Risk, and focuses on ensuring robust and consistent ALM risk management, behavioural model oversight, and portfolio steering across the Group. You combine technical expertise with senior risk leadership, providing independent challenge to Treasury and the business, while ensuring ALM risks are effectively translated into risk appetite steering and senior decision-making. Key responsibilities: Portfolio oversight and risk steering: - Monitor and challenge the ALM risk profile, including behavioural assumptions and balance sheet sensitivities - Ensure risks remain within appetite, with clear escalation and follow-up Model lifecycle oversight: - Oversee ALM behavioural models (e.g. prepayment, savings, replication) - Ensure consistent calibration, monitoring and application across entities - Challenge first-line model usage and assumptions Governance and functional steering: - Act as the primary 2LoD counterpart for ALM portfolio management across I...